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Bernanke on inflation.

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1 Bernanke on inflation. on Tue Apr 05, 2011 4:48 pm

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"But Fed Chairman Ben Bernanke Monday played down inflation fears, saying the rise in global commodity prices is likely to be temporary and shouldn't translate into a broader inflation problem. The Fed chief was quick to add that if his prediction is wrong and inflation begins to mark strong gains, the central bank would respond."-Ben Bernanke

Seriously dude? The last time crude was in these levels, was not temporary. It took a market collapse to bring it down to reasonable levels. Maybe Ole Ben is trying to tell us something.

2 Re: Bernanke on inflation. on Tue Apr 05, 2011 7:02 pm

chonchy

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tonyo524 wrote:"But Fed Chairman Ben Bernanke Monday played down inflation fears, saying the rise in global commodity prices is likely to be temporary and shouldn't translate into a broader inflation problem. The Fed chief was quick to add that if his prediction is wrong and inflation begins to mark strong gains, the central bank would respond."-Ben Bernanke

Seriously dude? The last time crude was in these levels, was not temporary. It took a market collapse to bring it down to reasonable levels. Maybe Ole Ben is trying to tell us something.

yeah is trying to tell us that the ch^%& is going to hit the fan again like in 2008, but who is going to fall this time first the yurow or the dollar, that is the question of the 64 000...........

3 Re: Bernanke on inflation. on Tue Apr 05, 2011 7:07 pm

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I think, it will be the Euro that is considered collateral damage in the end, for historical reasons.

4 Re: Bernanke on inflation. on Tue Apr 05, 2011 7:35 pm

chonchy

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Mr Hatch wrote:I think, it will be the Euro that is considered collateral damage in the end, for historical reasons.

well the dollar is in preaty bad shape also, so if this euro interest raising is for sure and the americans won't raise untill the end of the year then if the portugal and spain ghost don't come out, we may breake the UTL and north we go for a bit....





I wonder if this have any significance on the dollar.........

http://www.huffingtonpost.com/2011/04/05/polls-public-split-on-who_n_844953.html?icid=maing-grid7%7Cmain5%7Cdl1%7Csec1_lnk3%7C54421


Radisond hotel in berlin, 1000000 liters of salt water and two thousand trapical fishies, and a diver...........

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